Saturday, 14 May 2011

Allianz CFO - Making Solvency II waves...

Press seemed to give a lot of air to Herr Baete's comments yesterday on Solvency II progress when doing the standard Q1 update to the market. Doesn't sound like the influence this particular big hitter would be expected to have in the lobbying stakes is doing much good.

However, I was loving the presence of mind to drop in "The only positive thing is that the deadlines are running out" - couldn't have put it better myself!

Strangely, this sardonic approach ran contrary to the rather tepid Solvency II comments in the Q1 text, namely that they are  "optimistic that the current uncertainty over its final shape will lift"...

No comments:

Post a Comment